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Connect Credit Union Share
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Overview Share
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Connect Credit Union is a federally insured state credit union based in Fort Lauderdale, Florida. It has been opened since 1909, for 113 years.

With around $76,410,000 in assets, Connect Credit Union is considered to be a large credit union. It has 4 branches and 3 ATM locations.

About Share
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Address 3400 W. Commercial Boulevard
Fort Lauderdale, Florida 33309
Website http://www.connectcu.org
Phone (954) 730-2047
Fax (954) 777-4220
CEO Scott A. Meyer
President of the Board Howard Webb
Services Offered
Score Card Share
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113 years
Years in business
Opened in 1909
Well Capitalized
Net worth classification
Source: NCUA
5,860 members
Membership type: State chartered natural person credit union
Average number of members
225:1
Credit union member to staff ratio
225 per each FTE employee
Compared to 411:1 nationally
Tons of staff!
$76,413,837
Total assets
Above average
4 branches
Compared with an average of 4 nationally and 7 in Florida
Above average number of branches
0.15%
Savings interest rate
Compared to 0.3% nationally
8.49%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
Branches Share
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4 branches
Compared with an average of 4 nationally and 7 in Florida
Above average number of branches
Connect Credit Union Branch Locations

Connect Credit Union: Deland
719 S. Woodland Boulevard
Deland, Florida 32720
ATM Available
Connect Credit Union: Stuart
1993 S. Kanner Highway
Stuart, Florida 34994
No ATM
Connect Credit Union: Main Office
3400 W. Commercial Boulevard
Fort Lauderdale, Florida 33309
ATM Available
Connect Credit Union: Miami
1000 NW 111th Avenue
Miami, Florida 33172
ATM Available
Members Share
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5,860 members
Membership type: State chartered natural person credit union
Average number of members

With 5,860 members, the Connect Credit Union is considered to be a medium size credit union. It is larger than 60% of credit unions.

Fees Share
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$93
Average fee per member
The average fee per member at the Connect Credit Union is $93, which is very high compared to most credit unions. This rate is higher than 82% of all credit unions.
Fees are higher than average

Credit unions, like banks, charge members various fees, such as overdraft fees, ATM fees, credit card fees, inactivity or dormat account fees, and more.

The average fee per member gives you a general sense of how much you might pay in fees as a member of the Connect Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff Share
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225:1
Credit union member to staff ratio
225 per each FTE employee
Compared to 411:1 nationally
Tons of staff!
26 staff members
FTE (full-time equivalent)
0% of employees are part-time
26 full-time, 0 part-time

Connect Credit Union has 26 full-time staff members and 0 part-time staff members.

The number of members relative to staff members is an indication of how well staffed the credit union is. Connect Credit Union has around 225 members per staff, a very low ratio compared to other credit unions. This is a very well staffed credit union.

Assets Share
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$76,413,837
Total assets
Above average
Net worth Share
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Well Capitalized
Net worth classification
Source: NCUA
A well capitalized credit union has a net worth ratio of 7% or greater and also meets applicable risk-based net worth requirements, according to the National Credit Union Administration.
11.5%
Net worth ratio
A higher net worth ratio is better.
Compared to an average of 13.6% nationally

A credit union's net worth ratio is one of the most important metrics you should consider when deciding whether to join a credit union. Why? It's a measure of financial strength

The net worth ratio is equal to a credit union's net worth divided by its assets. According to the National Credit Union Administration, a minimum net worth ratio of 7% is required to be considered to be a well capitalized credit union.

Loans & leases Share
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$11,876
Average loan and lease size
Loan & lease sizes are bigger than average. They are bigger than at 63% of credit unions.

Connect Credit Union holds a total of $48,180,000 in loans and leases, which is about $11,876 per member on average.

Savings interest rate Share
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0.15%
Savings interest rate
Compared to 0.3% nationally

A credit union share account is an account at a credit union. It's called a share account because the credit union is member owned and as a result, members own shares in the credit union.

A share savings account pays you interest on your savings, similar to a savings account at a bank. The interest you receive can vary. Connect Credit Union pays 0.15%.

Loan rates Share
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8.49%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
17.49%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
4.99%
Other secured non-real estate loans and lines of credit interest rate
Compared to 5.3% nationally
Car loan rates Share
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2.49%
New car loan rate
Compared to 4.0% nationally
4.60%
Used car loan rate
Compared to 5.2% nationally
Mortgage rates Share
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5.50%
Mortgage rate (secured by junior lien)
Compared to 3.4% nationally
4.50%
Mortgage rate (secured by 1st lien)
Compared to 3.3% nationally

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Similar Credit Unions to Connect Credit Union

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Connect Credit Union
Credit Union: Well Capitalized Fort Lauderdale, Florida 5860.0 $76 million Well Capitalized
Connect Credit Union: Main Office ATM
Credit Union ATM: 3400 W. Commercial Boulevard
Fort Lauderdale, Florida 33309
Connect Credit Union: Deland
Credit Union Branch: 719 S. Woodland Boulevard
Deland, Florida 32720 ATM Available
Connect Credit Union: Deland ATM
Credit Union ATM: 719 S. Woodland Boulevard
Deland, Florida 32720
Connect Credit Union: Stuart
Credit Union Branch: 1993 S. Kanner Highway
Stuart, Florida 34994 No ATM
Connect Credit Union: Main Office
Credit Union Branch: 3400 W. Commercial Boulevard
Fort Lauderdale, Florida 33309 ATM Available
Community Connect Credit Union: Cu Office
Credit Union Branch: 1050 E. Spring Street
Titusville, Pennsylvania 16354 No ATM
Connect Credit Union: Miami ATM
Credit Union ATM: 1000 NW 111th Avenue
Miami, Florida 33172
Connect Credit Union: Miami
Credit Union Branch: 1000 NW 111th Avenue
Miami, Florida 33172 ATM Available
Community Connect Credit Union
Credit Union: Well Capitalized Titusville, Pennsylvania 2833.0 $18 million Well Capitalized